Source: SBA.gov

Small Business Innovative Research (SBIR) Contract

A type of contract designed to foster technological innovation by small businesses with 500 or fewer employees. The SBIR contract program provides for a three-phased approach to research and development projects: technological feasibility and concept development; the primary research effort; and the conversion of the technology to a commercial application.

Updated on

September 9, 2022

Published on

June 20, 2018

SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.

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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.

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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.

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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.

Corporation (C-corp.)

The most common form of business org...

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Defense Acquisition Regulatory Council (DARC)

A group composed of rep...

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Phase 1

Process used to determine the...

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Balance Sheet or Statement of Financial Position

Assets = Liabilities + Equity...

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DBA

ex. Blocker & Sons LLC, doing business as Bob's Burgers

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Available Asset Test

Part of the CET that determines if an applicant(s) has...

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Physical Loans

Funds to repair/replace dis...

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Comparative Analysis

Is designed to point out significant trends that...

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Injury Analysis

Measures the effects of...

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Days Payable

A measure of the average time a...

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Contract

A mutually binding legal rel..

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Projection

An estimate of future economic or...

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Limited Partnership

A business organization with one or...

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B/E (Business EIDL) Loan

A business loan that...

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SAE (Stand Alone Economic Injury Disaster Loan)

provide necessary working capital to...

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